Not exactly. It says April 1 thru April 30. All of us who ordered allready, ordered before the effective date. But I'll bet you my deposit that the effective date will be the date financing is obtained.

Well then I guess I'm confused. The press release says;
The "GM Total Confidence" plan is available for vehicles purchased April 1 through April 30, 2009. For more information, please visit gmconfidence.com

"You are not eligible if you are an active GM employee, a seasonal worker, are self-employed, retired or receiving a severance."

GM, WTF is that?! Basically this writes everybody off. Why bother to offer this plan then? I'm screwed because I'm self-employed? Absolutely retarded. I think GM needs to focus more on accomodating Americans that do more than their fair share of making this nation great, offering this plan and then giving them rewards for their loyalty and dedication to GM products. Does GM realize how many entreprenuers that are in this country? They need to stop being so damn selective. Otherwise, why bother to offer this plan in the first place?! I would think that at least three of the five qualifications listed for ineligibility would actually have steady income. Doesn't sound like GM has much "Total Confidence" in their customers and that is insulting. Retarded.

I'm mixed on this one. I can see how it will get people into showrooms, but more than likely it will get people into showrooms that have no business there to begin with.

Think about who this will 'protect' - the people without a sufficient emergency fund in place in case they lose their jobs in the first place. If you do not have at least 6-9 months CASH on hand to get yourself through something like this, you have NO business taking on a new car note.

This is a vicious circle for the automakers. While people are doing worse overall financially, GM needs more people to buy new cars, see the cycle? :(

"You are not eligible if you are an active GM employee, a seasonal worker, are self-employed, retired or receiving a severance."

GM, WTF is that?! Basically this writes everybody off. Why bother to offer this plan then? I'm screwed because I'm self-employed? Absolutely retarded. I think GM needs to focus more on accomodating Americans that do more than their fair share of making this nation great, offering this plan and then giving them rewards for their loyalty and dedication to GM products. Does GM realize how many entreprenuers that are in this country? They need to stop being so damn selective. Otherwise, why bother to offer this plan in the first place?! I would think that at least 2 of the four qualifications listed for ineligibility would actually have steady income. Retarded.

I do not understand the GM employee aspect (although they will more than likely be putting many more people out of work very soon), but I can easily see this for the seasonal worker as well as the self employed. If you are self-employed, think how easy it would be to 'fire yourself' on the books and get 9 months worth of car payments for free

"You are not eligible if you are an active GM employee, a seasonal worker, are self-employed, retired or receiving a severance."

GM, WTF is that?! Basically this writes everybody off. Why bother to offer this plan then? I'm screwed because I'm self-employed? Absolutely retarded. I think GM needs to focus more on accomodating Americans that do more than their fair share of making this nation great, offering this plan and then giving them rewards for their loyalty and dedication to GM products. Does GM realize how many entreprenuers that are in this country? They need to stop being so damn selective. Otherwise, why bother to offer this plan in the first place?! I would think that at least three of the five qualifications listed for ineligibility would actually have steady income. Doesn't sound like GM has much "Total Confidence" in their customers and that is insulting. Retarded.

THIS JUST MAKES ME MAD. THESE ARE SUPPOSED TO BE EDCATED PEOPLE BUT HAVE NO COMMON SENSE.
WHY IN THE HELL AREN'T THEY MAKING SOLD UNITS AND SHIPPING THEM AND NOT FILLING A HUGE LOT WITH UNSOLD DEMOS??????

I went the the website that was listed on the first article posted and that was the date given on the GM site. But I guess you have to see how the classify the Camaro preorders for when you actualy site the paperwork and the car is YOURS or when you ordered it.

I do not understand the GM employee aspect (although they will more than likely be putting many more people out of work very soon), but I can easily see this for the seasonal worker as well as the self employed. If you are self-employed, think how easy it would be to 'fire yourself' on the books and get 9 months worth of car payments for free

Technically I guess, but GM could ask for specific proof that you have no income anymore. I'm sure there is a way.

I went the the website that was listed on the first article posted and that was the date given on the GM site. But I guess you have to see how the classify the Camaro preorders for when you actualy site the paperwork and the car is YOURS or when you ordered it.

THIS JUST MAKES ME MAD. THESE ARE SUPPOSED TO BE EDCATED PEOPLE BUT HAVE NO COMMON SENSE.
WHY IN THE HELL AREN'T THEY MAKING SOLD UNITS AND SHIPPING THEM AND NOT FILLING A HUGE LOT WITH UNSOLD DEMOS??????

* Payment protection for the first 24 months of ownership... lose your income and we'll make up to nine payments for up to $500 per month
* Finance a new GM vehicle we'll help protect its retail value at trade-in time on your next GM vehicle
* Safety and security of one year of OnStar standard
* Fully backed, 5 year/100,000 mile limited powertrain warranty with roadside assistance and courtesy transportation ... provides the best coverage in the industry
* GMconfidence.com website launched with program details

DETROIT - General Motors today announced the most comprehensive customer protection in the industry with "GM Total Confidence," a plan that protects a customer's paycheck, investment, vehicle and family.

"Our Total Confidence plan is an unprecedented offer that reinvents the ownership experience in an extremely positive way," said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing. "Unlike other programs out there, 'GM Total Confidence' provides comprehensive coverage for new vehicle owners - from protecting their new vehicle investment to protecting their family's income. GM Total Confidence provides customers peace of mind in uncertain times." (Note: See accompanying chart)

The 'GM Total Confidence' plan:

* Protects your Paycheck: 'Payment Protection*' provides up to nine months of payments on vehicle loans or leases ($500 max/month) if you lose your job for economic reasons. When looking for a job, you need a vehicle more than ever. 'Payment Protection' helps you get back on your feet.
* Protects your Investment: During the first two years of ownership, 'Vehicle Value Protection*' helps protect customers against uncertainty in the future used car market. Much as we've seen home prices decline in this tough market - and homeowners may owe more than the current resale value of their house - 'Vehicle Value Protection' provides peace-of-mind for customers when they want to go purchase another GM vehicle.
* Protects your Vehicle: GM's 5 year/100,000 mile transferable powertrain limited warranty (whichever comes first) plus roadside assistance and courtesy transportation. GM protects your vehicle with the best coverage in the business - so you don't have to worry. With the high quality of GM vehicles today, offering the best coverage only makes sense. See your dealer for warranty details.
* Protects your Family: One Year OnStar 'Safety and Security' Package. Knowing that OnStar is there if you should ever need them really makes a difference. With Automatic Crash Response, OnStar's cutting-edge technology that protects your family when they travel. Visit onstar.com for more details.

"By protecting a customer's payment, investment, vehicle and family, we are reinventing the customer experience," LaNeve added. "The 'GM Total Confidence' plan addresses today's most pressing concerns for new car buyers ... we asked customers what they wanted, and simply put, this package is it."

The "GM Total Confidence" plan is available for vehicles purchased April 1 through April 30, 2009. For more information, please visit gmconfidence.com.

I posted the address in my first posted giving everyone a link to the GM website to see for themselves, it says June 1, 2009.

I then clicked on all the tabs which I also posted on the first post. GO to the Vehicle Value Protection and Payment Protection links on the left and the dates are given the first paragraph

* Payment protection for the first 24 months of ownership... lose your income and we'll make up to nine payments for up to $500 per month
* Finance a new GM vehicle we'll help protect its retail value at trade-in time on your next GM vehicle
* Safety and security of one year of OnStar standard
* Fully backed, 5 year/100,000 mile limited powertrain warranty with roadside assistance and courtesy transportation ... provides the best coverage in the industry
* GMconfidence.com website launched with program details

DETROIT - General Motors today announced the most comprehensive customer protection in the industry with "GM Total Confidence," a plan that protects a customer's paycheck, investment, vehicle and family.

"Our Total Confidence plan is an unprecedented offer that reinvents the ownership experience in an extremely positive way," said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing. "Unlike other programs out there, 'GM Total Confidence' provides comprehensive coverage for new vehicle owners - from protecting their new vehicle investment to protecting their family's income. GM Total Confidence provides customers peace of mind in uncertain times." (Note: See accompanying chart)

The 'GM Total Confidence' plan:

* Protects your Paycheck: 'Payment Protection*' provides up to nine months of payments on vehicle loans or leases ($500 max/month) if you lose your job for economic reasons. When looking for a job, you need a vehicle more than ever. 'Payment Protection' helps you get back on your feet.
* Protects your Investment: During the first two years of ownership, 'Vehicle Value Protection*' helps protect customers against uncertainty in the future used car market. Much as we've seen home prices decline in this tough market - and homeowners may owe more than the current resale value of their house - 'Vehicle Value Protection' provides peace-of-mind for customers when they want to go purchase another GM vehicle.
* Protects your Vehicle: GM's 5 year/100,000 mile transferable powertrain limited warranty (whichever comes first) plus roadside assistance and courtesy transportation. GM protects your vehicle with the best coverage in the business - so you don't have to worry. With the high quality of GM vehicles today, offering the best coverage only makes sense. See your dealer for warranty details.
* Protects your Family: One Year OnStar 'Safety and Security' Package. Knowing that OnStar is there if you should ever need them really makes a difference. With Automatic Crash Response, OnStar's cutting-edge technology that protects your family when they travel. Visit onstar.com for more details.

"By protecting a customer's payment, investment, vehicle and family, we are reinventing the customer experience," LaNeve added. "The 'GM Total Confidence' plan addresses today's most pressing concerns for new car buyers ... we asked customers what they wanted, and simply put, this package is it."

The "GM Total Confidence" plan is available for vehicles purchased April 1 through April 30, 2009. For more information, please visit gmconfidence.com.

I posted the address in my first posted giving everyone a link to the GM website to see for themselves, it says June 1, 2009.

I then clicked on all the tabs which I also posted on the first post. GO to the Vehicle Value Protection and Payment Protection links on the left and the dates are given the first paragraph

My big concern, yes the gov is going to protect our purchases , but what about the companies that make parts ? What happens when something breaks and the company is out of business because GM has filled for bankruptcy. I ordered on 10/23/2009 I can get my $1,000 refund back. I am not sure if I am going to put $36,000 into a car that will backed by the Gov . Every day I am having more and more doubts anyone else?